Cornyn offers House-crafted outbound investment bill with bipartisan support

Sen. John Cornyn (R-TX) on Thursday introduced a bill to curb U.S. outbound investment in critical Chinese technology sectors that is identical in all but name to legislation the House nearly passed last December. Cornyn’s “ Foreign Investment Guardrails to Help Thwart (FIGHT) China Act of 2025 ” has 12 other sponsors, including Senate Minority Leader Chuck Schumer (D-NY), Senate Banking, Housing and Urban Affairs Committee Chairman Tim Scott (R-SC) and the Banking panel’s ranking member, Elizabeth Warren (D-MA). Cornyn...